Blog

August home sales in Verona definitely calmed from previous months. Although, as the kids start going back to school, it is pretty typical that the market begins to slow down a bit. Inventory also increased a bit to 4.5 months. Statistically this is leaning more towards a neutral market (though still in favor of the Read More

In July Verona single family home sales continued to be strong. The average home sold was up 13% over last July. That doesn’t necessarily mean your house is worth 13% more, because in a market as small as Verona a few high dollar sales could tip the average a bit. Although, prices are definitely up Read More

Are you looking to get out of the city and enjoy some privacy? This beautiful custom built prairie style ranch home was just relisted with a reduced price! You’ll love the 19.5 acre lot with mostly gently rolling terrain and loads of wildlife including deer, turkey, pheasants, song birds, and other small game. There is Read More

It’s been a seller’s market which means that the inventory of homes available is low in comparison to the number of homes that have sold.  In many cases when a good home at an appropriate price comes on the market, buyers are competing for that home. This is putting upward pressure on prices, and as Read More

The real estate market has been crazy lately! Real estate agents and lenders are swamped, and buyers are stressed out because they are being outbid and houses are moving too fast. However, don’t let this be an excuse for your Buyer’s Agent to be lazy. Here’s several things to watch out for from your Buyer’s Read More

The first half of 2016 has been great for sellers in the Verona housing market. Although, it’s been pretty tough for buyers, with many homes receiving competing offers. Buyers wish things were staying more affordable and weren’t so competitive. However, sellers are loving the inflated prices and quick sales. Verona currently has 3.4 months of Read More

In a hot seller’s market like we have right now, buyers are competing for homes and driving up sale prices. That’s great for a seller, until the appraisal. Occasionally in an inflating market the recent comparable sale values just aren’t there to support the contract price of a property. Recently we’ve seen several appraisals come Read More

In May Verona single family home sales jumped to 23. That’s more than April, but still doesn’t outdo May 2015. Although, 35 homes are currently under contract, so maybe we can expect a few more closings in June. Average prices were up to $339,719. This is 9.3% higher than last year. A couple of interesting Read More

In April 18 home sales closed in Verona. As crazy as the market is, that’s not an astounding number. I think that is mostly a result of the low 3 months’ worth of inventory though. Buyers just can’t find what they want for a price they are willing to pay. All the other statistics and Read More

In a hot seller’s market like we have right now, buyers are often competing for homes the day they go on the market. This buyer competition is great for a seller, and it can occasionally drive sale prices up well above asking price. That sounds great if you are a seller right? Well, it may Read More